Home Insurance in Beech Grove, Indiana
The median home value in Beech Grove is $182,600, 18% lower than the Marion County median.
The typical home in Beech Grove was built around 1968. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. About 39% of homes were built before 1960, about 6 points above Marion County's 33%.
Housing in Beech Grove breaks down to 67% single-family homes and 25% apartments in buildings with 5+ units.
In Beech Grove, about 71% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 56% of occupied homes in Beech Grove are owner-occupied.
56% of homes in Beech Grove are primarily heated with natural gas.
FEMA rates Marion County's overall risk as Relatively High, led by tornado (Very High). Marion County had 2,381 active NFIP flood policies as of September 2026. See the full Marion County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Indiana, the statewide average premium for a standard HO-3 homeowners policy is $1,259 per year (NAIC, 2023 data).
Key figures
| Median home value | $182,600 |
|---|---|
| Median year built | 1968 |
| Owner-occupied share | 56% |
| Share of owner-occupied homes with a mortgage | 71% |
| Top county hazard | Tornado (Very High) |
| Active NFIP policies in Marion County | 2,381 |
| Home insurance premium | $1,259 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)